Novel Energy Solutions is a vertically-integrated solar EPC and long-term owner. Our differentiated process minimizes our partners’ time and transaction costs, and maximizes their development fees.
Partners
Building a better future together.
In-House Capabilities
We offer an “a la carte” approach. Keep doing the project functions that your organization is expert in; we’ll handle the rest! We’ve developed in-house capabilities for the following:
Development • Civil Testing • Civil Design • Electrical Design • Engineering, Procurement, Construction • Electrical and Civil Installation Crews • CSG Subscriber Acquisition • Financing/Ownership • Operation & Management
We understand the importance of focusing on what you’re best at. We are developing not only a project, but a long-term relationship. We’d love to hear
about your expertise, what you’re working on, and collaboratively support your projects.
What makes us different
Process
Having fewer 3rd-party organizations working on your project means there are fewer mouths to feed. Our process is significantly faster than the market. We lessen bottlenecks and reduce legal and transaction costs.
Economics
Our development fees paid to partners are typically 10-20% higher.
Accountability
Combining an in-house project delivery process with long-term ownership means our goals for a great project are aligned with yours. We’re responsible for everything, so there’s no blame-shifting.
Process
We don’t have to go out to bid for services, shaving weeks and even months off of the project timeline.
Offering Financing Solutions
Financing
No Aggregation Requirements: much of the market requires minimums of 25MW, 50MW or more in order to provide tax equity, so projects must be grouped and hit milestones at similar times. Novel projects stand on their own, with no minimums.
Permanent Debt: We have secured very attractive long term debt that we deploy at our discretion — NO 3rd-party underwriting on a per project basis.
We do not require “investment grade” off-takers.
